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martingale

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martingale

Re: Ace Magoo post# 987

Thursday, 09/18/2008 2:57:04 PM

Thursday, September 18, 2008 2:57:04 PM

Post# of 10366
No Fuld has essentially bailed on this. They will reorganize if there is anything left after years of litigation and ultimately zero out the common. So it looks like you can play it for the pennies from now on....daily ups and downs. 10% here and there but a much better gamble than the other pinks as there are still newbies not familiar with penny plays who will buy it up and provide some support when it reaches a natural trading range.
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